UniFirst Corp (NYSE: UNF) has reported E.P.S. of $1.09 for its second fiscal quarter (ending February 28) versus $0.95 for the same period a year ago. For the latest four quarters through February 28, E.P.S. were $6.14 compared to $5.50 a year ago.
Recent Price Action
On 3/27/24, UniFirst Corp (NYSE: UNF) stock enjoyed a large increase of 2.9%, closing at $172.07. Moreover, this advance was accompanied by exceptionally high trading volume at 326% of normal. Relative to the market the stock has been strong over the last nine months and has risen 1.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, UNF is expected to continue to be a modest Value Builder.
UniFirst has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. UniFirst has a neutral Appreciation Score of 49 and a slightly positive Power Rating of 68, and the High Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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